earnings
confidence high
sentiment neutral
materiality 0.80
Titan Machinery reports record FY2024 revenue $2.8B, EPS $4.93; guides FY2025 EPS $3.00-$3.50
Titan Machinery Inc.
2024-FY EPS reported
$4.93
revenue$2,758,445,000
- FY2024 revenue +24.9% to record $2.8B; diluted EPS $4.93 vs $4.49 prior year.
- Q4 revenue $852.1M (+46.2% YoY); diluted EPS $1.05 vs $0.80 YoY.
- Agriculture segment Q4 revenue $620.6M (+40.8% YoY) on 35.5% same-store growth.
- FY2025 guidance: diluted EPS $3.00-$3.50; Agriculture flat to +5%, Construction +3-8%.
- Inventory rose to $1.3B (from $703.9M); floorplan payables $893.8M vs $258.4M.